South Dakota Statutes

§ 57A-9-503 — Name of debtor and secured party.

South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-6 SECURED TRANSACTIONS
(a)A financing statement sufficiently provides the name of the debtor:
(1)Except as otherwise provided in paragraph (3), if the debtor is a registered organization or the collateral is held in a trust that is a registered organization, only if the financing statement provides the name that is stated to be the registered organization's name on the public organic record most recently filed with or issued or enacted by the registered organization's jurisdiction of organization which purports to state, amend, or restate the registered organization's name;
(2)Subject to subsection (f), if the collateral is being administered by the personal representative of a decedent, only if the financing statement provides, as the name of the debtor, the name of the decedent and, in a separate part

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Related

Rushmore State Bank v. Kurylas, Inc.
424 N.W.2d 649 (South Dakota Supreme Court, 1988)
47 case citations
First National Bank of the Black Hills v. Beug
400 N.W.2d 893 (South Dakota Supreme Court, 1987)
33 case citations
Terry L. Arcoren v. Wenton Peters and John Schooler
829 F.2d 671 (Eighth Circuit, 1987)
32 case citations
Moe v. John Deere Co.
516 N.W.2d 332 (South Dakota Supreme Court, 1994)
20 case citations
Arcoren v. Peters
627 F. Supp. 1513 (D. South Dakota, 1986)
10 case citations

Legislative History

SL 2000, ch 231; SL 2012, ch 238, § 11, eff. July 1, 2013.

Nearby Sections

15
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